Kyber Network Forced to Slash Staff by 50% After $46,500,000 Exploit, According to CEO

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Name	Symbol	Market	Market Cap ($)	Algorithm
stETH	STETHUSD	Crypto	26,622,292,125	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	53.68	2.02%	2,713.94	2,713.94	2,714.48

High Price	Low Price	Open Price	Prev. Close	52 Week Range
2,722.48	2,662.37	2,662.95	2,660.25	2,156.67 - 4,100.07

Exchange	Last Trade	Size	Trade Price	Currency
OKEX	08:30:37	0.134611	2,714.17	USD

Price x Volume	Volume	Base Symbol	Related Pairs
143,586.70	52.90	STETH

Kyber Network Forced to Slash Staff by 50% After $46,500,000 Exploit, According to CEO

26/12/2023 11:01pm

The Daily Hodl

Decentralized finance (DeFi) platform Kyber Network is cutting its staff in half following a large exploit earlier this year, according to its CEO and founder. In November, KyberSwap was exploited for $46.5 million worth of digital assets, including $20.78 million worth of Wrapped Ethereum (wETH), $9.53 million worth of Lido-wrapped staked Ethereum (wstETH), and $4.1 […]

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The post Kyber Network Forced to Slash Staff by 50% After $46,500,000 Exploit, According to CEO appeared first on The Daily Hodl.